Digital Scent Technology Market - Industry Size, Share, Growth & Forecast 2027 | UnivDatos

 

Global digital scent technology market is expected to register a CAGR of around 9% over the period of 2021-2027. This is mainly due to the rising adoption of smart devices along with advancements in e-nose technologies. The expanding applications of digital scent technology followed by the rising use of e-nose in the food industry for quality assurance will positively stimulate the industry landscape. With digital scent technology, consumers are able to sense, transmit and receive the smell through the internet. Earlier, technology targeted only our sense of sight and sound due to which we have realistic-looking games, graphic cards, various sound technologies, HDTV, and many more technologies.

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 According to UnivDatos Market Insights (UMI)’ research report “global digital scent technology market”, the market is expected to witness robust growth during the forecast period (2021-2027). This is mainly due to the use of e-nose in the food industry for quality assurance coupled with the increasing applications and advancements in e-nose technologies in medical, security, and food quality assurance.  

Based on hardware, the digital scent technology market is bifurcated into e-nose and scent synthesizer. The e-nose segment grabbed a prominent share of the market in 2020 and is expected to grow at a significant growth rate during the forecast period. This is because it can be used for various industries such as military & defense, healthcare, and food & beverages. 

Based on application, the digital scent technology market is classified into medical, entertainment, food & beverage, and others. Among these categories, the medical sector captured a prominent share of the market and is expected to witness a robust CAGR during the forecast period. The growth of this segment can be attributed to the increasing use of digital scent technology in medical diagnosis, patient treatment selection, metabolic disorders nutritional status, and some other applications.

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North America to witness substantial growth

The North America digital scent technology market held a significant share of the market in 2020 and is expected to witness a prominent CAGR during the forecast period. The growth of this market can be attributed to the rising adoption of enhanced digital services by customers, use of biosensors for early detection of diseases, strict regulatory environment with regards to indoor air quality in the US, and significant e-nose developments with respect to applications in the medical and agriculture industries. Furthermore, the presence of key market players and the adoption of enhanced digital services by customers within the region is further propelling the growth of the market. Moreover, North America is the global hub for the innovation of various technologies which makes the population of North America the early adopters of various technologies and digital scent technology is one of them. Hence the market for digital scent technology in the region going to be increased. 

According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the global digital scent technology market are Electronics Sensor Technology Inc., ScentSational Technologies LLC, Smiths Detection Group Ltd., Odotech Inc., AIRSENSE Analytics GmbH, The eNose Company, Scentcom Ltd., AMS AG, Stratuscent Inc., AerNos Inc. along with partnerships have been undertaken by these players to boost their presence in different regions. 

“Global Digital Scent Technology Market” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitor's capabilities on different parameters. This will help companies in the formulation of go-to-market strategies and identifying the blue ocean for its offerings.      

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Market Segmentations:

1.     By Hardware (E-nose and Scent Synthesizer)

2.     By Application (Medical, Entertainment, Food & Beverage)

3.     By Region (North America, Europe, Asia-Pacific, Rest of the World)

4.     By Company (Electronics Sensor Technology Inc., ScentSational Technologies LLC, Smiths Detection Group Ltd., Odotech Inc., AIRSENSE Analytics GmbH, The eNose Company, Scentcom Ltd., AMS AG, Stratuscent Inc., AerNos Inc.)

Key questions answered in the study:

1.     What are the current and future trends of the global digital scent technology industry?

2.     How the industry has been evolving in terms of hardware and application?

3.     How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.     What are the key growth drivers and challenges for the global digital scent technology industry?

5.    What is the customer orientation, purchase behavior, and expectations from the global digital scent technology suppliers across various region and countries?

Table of Content –

1 MARKET INTRODUCTION

2 RESEARCH METHODOLOGY OR ASSUMPTION

3 MARKET SYNOPSIS

4 EXECUTIVE SUMMARY

5 DIGITAL SCENT TECHNOLOGY MARKET COVID-19 IMPACT

6 DIGITAL SCENT TECHNOLOGY MARKET REVENUE (USD BN), 2019-2027F

7 MARKET INSIGHTS BY HARDWARE

8 MARKET INSIGHTS BY APPLICATION

9 MARKET INSIGHTS BY REGION

10 DIGITAL SCENT TECHNOLOGY MARKET DYNAMICS

11 DIGITAL SCENT TECHNOLOGY MARKET OPPORTUNITIES

12 DIGITAL SCENT TECHNOLOGY MARKET TRENDS

13 LEGAL & REGULATORY FRAMEWORK

14 DEMAND AND SUPPLY SIDE ANALYSIS

15 VALUE CHAIN ANALYSIS

16 COMPETITIVE SCENARIO

17 COMPANY PROFILED

18 DISCLAIMER

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